The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is
Feb 23, 2023
-Zambia is a step closer to finalizing its long-awaited debt-restructuring agreement with its official bilateral creditors. The nation’s treasury secretary, Felix Nkulukusa, recently announced that th
Apr 13, 2023
Choppies highlighted that the article created an incorrect impression by referring to just Choppies, the listed entity, in the headline and initial parts of the article before later mentioning Choppie
May 03, 2023
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
May 18, 2023
The funding will be used to repay the overdue balances to Jarcon Opencast Mining Botswana (Pty) Ltd, which will enable Minergy to continue operations in a reduced sales environment.
May 24, 2023
Airtel Zambia, a subsidiary of Airtel Africa plc, reported a strong rise in quarterly profit on Wednesday, boosted by Zambia’s improving economy after the country reached a debt relief deal with bilat
Jul 03, 2023
The company has signed amended documentation relating to its senior secured project financing debt package, which amounts to US$220 million. Under the amended agreement, the repayment profile has be
Jan 10, 2024
TOAZ casts doubt on the suitability of low-earth-orbit (LEO) satellite systems, popularized by firms like Starlink, as a broad solution for Zimbabwe. The association says high costs are likely to lim
Apr 04, 2024
Zimbabwe's currency, Zimbabwe Gold (ZiG), has emerged as the strongest currency in the Southern African Development Community (SADC) region. It traded at ZiG13.4190 per dollar, surpassing the South Af
Shumba Energy Ltd, a Botswana-based energy development company listed on the Botswana Stock Exchange, has announced steady progress towards financial closure for its flagship Tati Solar PV Project. Th
Zimplow Holdings Limited, a leading manufacturer of agricultural products, has successfully completed a takeover of Barzem, acquiring 49% of the company's shares and making it a wholly owned subsidiar
he Reserve Bank of Zimbabwe (RBZ) has maintained the interest rates at 20% during its most recent monetary policy committee meeting, which took place yesterday. This meeting was significant as it was
The month of March witnessed a significant surge in trade deficit, exceeding 100% and reaching a total of US$184.3 million according to the latest data released by ZimStat. The trade deficit for goods
The price of gold dropped below US$2,330 per ounce today attributed to a stable US dollar, which made gold less attractive to international buyers as investors were eagerly awaiting the Federal Reserv
Zimbabwe's central bank, the RBZ, has announced the withdrawal limits for the new currency, Zimbabwe Gold (ZiG), which will enter circulation on April 30, 2024. To ensure a controlled initial rollout
Nigeria, the largest economy in Africa, experienced a significant increase in its annual inflation rate, reaching 33.2%, the highest since March 1996, compared to 31.7% in the previous month. Througho
